In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With GLSI Stock Today?
Greenwich Lifesciences Inc (GLSI) stock has fallen -1.29% while the S&P 500 is higher by 0.56% as of 10:03 AM on Friday, Mar 8. GLSI is down -$0.21 from the previous closing price of $16.49 on volume of 9,841 shares. Over the past year the S&P 500 is higher by 29.91% while GLSI is higher by 19.35%. GLSI lost -$0.70 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Greenwich Lifesciences Inc click here.
More About Greenwich Lifesciences Inc
Greenwich LifeSciences Inc is a biopharmaceutical company that is developing GP2, an immunotherapy designed to prevent the recurrence of breast cancer following surgery. GP2 is a 9 amino acid transmembrane peptide of the HER2/neu protein, a cell surface receptor protein that is expressed in a variety of common cancers, including expression in most breast cancers at low, intermediate, and high or overexpressor levels.
Click Here to get the full Stock Report for Greenwich Lifesciences Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter